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Marina Folz joined W. P. Carey’s Asset Management Team in July 2019 and currently serves as Senior Vice President. Her responsibilities include leasing, restructurings, dispositions, redevelopments and other expansion investments for W. P. Carey’s North American portfolio. After graduating from Phillips Academy Andover, Marina earned her B.S. in Hotel Administration with a minor in Real Estate from Cornell University. She is a native German speaker and an avid golfer.

Peter Bates joined W. P. Carey in 2011 and currently serves as Head of North American Asset Management and Managing Director. In this role, he oversees the proactive asset management and development activity of W. P. Carey’s North American portfolio. Prior to joining W. P. Carey, Peter was a principal at Breakwater Advisors, a commercial real estate advisory firm. Between 2007 and 2009, he was the director of acquisitions at Allegiance Realty Corporation, where he was

Chris Hayes serves as Managing Director on the Asset Management Team. His responsibilities include redevelopments, leasing, restructurings, dispositions and other follow-on/expansion investments for W. P. Carey’s North American portfolio. Chris manages a $6+ billion portfolio consisting of 100+ tenants and 400+ properties across all asset types. Prior to joining W. P. Carey, Chris worked at A&Co, a boutique real estate investment and development firm in New York specializing in urban

Read W. P. Carey's 2024 CEO Letter | "Today, W. P. Carey stands as a simpler, more dynamic business well positioned with a strong balance sheet, access to multiple forms of capital, exceptional rent growth and a proven investment approach — all of which provide a foundation for sustainable growth and long-term value creation.”

Margaret G. Lewis was elected to W. P. Carey’s Board of Directors in 2017 and serves as Chair of the Nominating and Corporate Governance Committee and as a member of the Compensation Committee. Ms. Lewis has served on the board of directors at Flowers Foods, Inc. (NYSE: FLO) since 2014, where she chairs the Compensation Committee. She was a Class C Director of the Federal Reserve Bank of Richmond from 2013 to 2019, where she served as Chairman (2017-2018) and Deputy Chairman (2014-2016 and 2019

Christopher J. Niehaus was elected to W. P. Carey’s Board of Directors in 2016 and serves as Non-Executive Chair, Chair of the Investment Committee and member of the Nominating and Corporate Governance Committee. Mr. Niehaus is Managing Partner and Chair of U.S. Business, since April 2025, and served as Head of U.S. Business, from 2019 to April 2025 at BGO, a global real estate investment manager. He also serves on the BGO Global Investment Committees in the U.S., Asia, Europe and Canada as well

Tonit M. Calaway was elected to W. P. Carey’s Board of Directors in 2020 and serves as a member of the Compensation Committee, the Investment Committee and the Nominating and Corporate Governance Committee. Since October 2020, Ms. Calaway has served as Executive Vice President, Chief Administrative Officer, General Counsel and Secretary of BorgWarner Inc. (NYSE: BWA), an automotive supplier. Previously, also at BorgWarner Inc., Ms. Calaway served as Executive Vice President, Chief Legal Officer

Peter J. Farrell was elected to W. P. Carey’s Board of Directors in 2016, and he currently serves as Chair of the Compensation Committee and as a member of the Audit Committee and the Investment Committee. Mr. Farrell is a Managing Partner and Founder of City Interests Development Partners LLC (since 2020). Mr. Farrell was a Partner and Founder of PADC Realty Investors LLC (2004-2019), a Washington, D.C. real estate development and investment company. Prior to founding PADC, Mr. Farrell was

Rhonda O. Gass was elected to W. P. Carey’s Board of Directors in 2024 and serves as a member of the Audit Committee. Ms. Gass has served as the Chief Information Officer at Stanley Black & Decker (NYSE: SWK), an industrial tools and household hardware manufacturer, since 2012, overseeing the company’s cybersecurity and digital risk management strategy. Previously, Ms. Gass held senior leadership roles during her decade-long tenure at Dell, Inc., a subsidiary of Dell Technologies Inc. (NYSE

Robert J. Flanagan was elected to W. P. Carey’s Board of Directors in 2018 and serves as Chair of the Audit Committee and a member of the Investment Committee. Mr. Flanagan is a Managing Director at CNF Investments (since 2006). Mr. Flanagan was the Executive Chairman (2023-2025) and CEO & President (2021-2022) of Clark Enterprises, Inc., a private investment firm with a diversified portfolio of holdings, including real estate and private equity in Bethesda, Maryland. He was a trustee of the